Assessing the health of SA's economy
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A near 5% expansion in the manufacturing sector during the first quarter of this year has helped South Africa’s economy rebound by 1.9%. The reading comes above market consensus of 1.2% growth and marks a and return to pre-pandemic levels. Business Day TV spoke to Maarten Ackerman, Chief Economist at Citadel for his assessment of what the print suggests about the health of the local economy.